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Renault slashes engineer jobs amid pressure from China firms

dw.com·Kate Hairsine·about 2 months ago
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French carmaker Renault has said it plans to reduce its number of engineers by 15 to 20% percent in the coming two years. This means that up to 2,400 of the current 11,000 to 12,000 engineers worldwide would have to leave the company. A Renault spokesperson said the cuts would be made without forced layoffs. The development of new technologies and fundamental design work would remain in France , he said. Engineering centers in other countries such as Brazil, India, Morocco, Romania, South Korea, Spain and Turkey will also be reducing the number of engineering posts. European carmakers face intense competition from China Renault, like other European automakers, is struggling with competition from Chinese brands , especially when it comes to  electric vehicles . Manufacturers in China are known for their low costs and shorter development times.…

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